Aboitiz Equity Ventures, Inc.

PSE:AEV Stock Report

Market Cap: ₱190.5b

Aboitiz Equity Ventures Valuation

Is AEV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AEV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AEV (₱33.25) is trading below our estimate of fair value (₱80.95)

Significantly Below Fair Value: AEV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AEV?

Key metric: As AEV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AEV. This is calculated by dividing AEV's market cap by their current earnings.
What is AEV's PE Ratio?
PE Ratio7.6x
Earnings₱24.29b
Market Cap₱190.50b

Price to Earnings Ratio vs Peers

How does AEV's PE Ratio compare to its peers?

The above table shows the PE ratio for AEV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average5.8x
JGS JG Summit Holdings
7.1x17.3%₱165.8b
LTG LT Group
4.3x-4.5%₱111.8b
GTCAP GT Capital Holdings
5.3x11.1%₱142.9b
DMC DMCI Holdings
6.7x0.05%₱135.7b
AEV Aboitiz Equity Ventures
7.6x16.9%₱184.7b

Price-To-Earnings vs Peers: AEV is expensive based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (5.8x).

Price to Earnings Ratio vs Industry

How does AEV's PE Ratio compare vs other companies in the Asian Industrials Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AEV 7.6xIndustry Avg. 13.3xNo. of Companies17PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AEV is good value based on its Price-To-Earnings Ratio (7.6x) compared to the Asian Industrials industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is AEV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AEV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.6x
Fair PE Ratio8.8x

Price-To-Earnings vs Fair Ratio: AEV is good value based on its Price-To-Earnings Ratio (7.6x) compared to the estimated Fair Price-To-Earnings Ratio (8.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AEV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₱33.25
₱54.90
+65.1%
9.8%₱60.30₱49.50n/a2
Nov ’25₱34.90
₱54.90
+57.3%
9.8%₱60.30₱49.50n/a2
Oct ’25₱37.75
₱54.90
+45.4%
9.8%₱60.30₱49.50n/a2
Sep ’25₱33.20
₱54.90
+65.4%
9.8%₱60.30₱49.50n/a2
Feb ’25₱47.95
₱55.13
+15.0%
4.0%₱56.80₱52.00n/a3
Jan ’25₱44.60
₱55.13
+23.6%
4.0%₱56.80₱52.00n/a3
Dec ’24₱47.00
₱55.13
+17.3%
4.0%₱56.80₱52.00n/a3
Nov ’24₱45.80
₱55.80
+21.8%
2.3%₱56.80₱54.00₱34.903
Oct ’24₱50.15
₱54.47
+8.6%
5.8%₱56.80₱50.00₱37.753
Sep ’24₱47.15
₱54.47
+15.5%
5.8%₱56.80₱50.00₱33.203
Aug ’24₱54.50
₱54.43
-0.1%
5.8%₱56.80₱50.00₱35.553
Jul ’24₱54.40
₱53.25
-2.1%
6.1%₱56.50₱50.00₱37.752
Jun ’24₱52.40
₱57.17
+9.1%
10.7%₱65.00₱50.00₱35.053
May ’24₱54.75
₱57.17
+4.4%
10.7%₱65.00₱50.00₱42.003
Apr ’24₱48.40
₱57.17
+18.1%
10.7%₱65.00₱50.00₱47.003
Mar ’24₱53.85
₱57.17
+6.2%
10.7%₱65.00₱50.00₱50.203
Feb ’24₱59.15
₱57.17
-3.4%
10.7%₱65.00₱50.00₱47.953
Jan ’24₱57.70
₱55.83
-3.2%
8.1%₱61.00₱50.00₱44.603
Dec ’23₱57.50
₱55.83
-2.9%
8.1%₱61.00₱50.00₱47.003
Nov ’23₱56.70
₱54.48
-3.9%
8.9%₱61.00₱49.40₱45.803

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

Discover undervalued companies

Megawide Construction

₱5.0b

Engages in the engineering, procurement, construction (EPC), real estate development, airport operations, and landport infrastructure businesses in the Philippines.

MWIDE

₱2.47

7D

-3.5%

1Y

-20.3%

Alliance Global Group

₱78.5b

Engages in real estate development, tourism-entertainment and gaming, food and beverage, quick-service restaurant, and integrated tourism and infrastructure development businesses in the Philippines and internationally.

AGI

₱8.80

7D

1.1%

1Y

-14.7%

LT Group

₱111.8b

Engages in banking, distilled spirits, beverages, tobacco, property development, and other businesses in the Philippines and internationally.

LTG

₱10.34

7D

3.5%

1Y

15.7%